tv Cashin In FOX Business June 30, 2013 2:30am-3:01am EDT
john stewart. >> you like it. >> no. cash flow is down and debt is going up. >> that's it for forbes on fox. keep it right herewith eric boling and cashin' in. >> uncle sam calling on major log football and nba to tout obama care. without them, medical costs will sore. still more prove we need to let the clock run out on obama care before we take it. >> what you see is what you get. i am not an actress. >> paulul don't endorsement dea gets fried but not everyone is dropping her like a hot potato. and her bock sales are sizzling. uld it help her rise again? cashin' in starts cooking right
now. hi, erybody. i am eric boling and welcome to cashin' in. wayne, and john and juan joining and keisha. welce, everybody. the government nfirming it is using nfl and otr sports to promote health care and the playbook is to get healthy young americans and it will save the cost of sicker people. but the priceay not beight for the young people. johnathon, young people said i don't want to do this. i rather pay the fine forot having alth care than support the sick people and using health care. >> they are going to advertise for that eric. when a private company advertises a voluntary good it is promotion. but government does it that violates rights that is propaganda and obama's goal is
socialized medicin and pushg everyone, young people to be on the government plan. they are pulling out all of the stops. one percent of your income o the ads. a pole to authority. i don't like obama care and lebron thinks it is col, i should reconsider. weak. >> wayne, celebrities like yourself to tout obama care. if it needs tt much promotion couldn't be good. >> it is impossible. the idea ofcoercing people to subsiddize unhealthyeople is outrageous. you are penalizin someone wi a healthy life. and they subsiddize someone with an unhealthy life is nuts. the supreme court that barely passed the thing. and they had to identify it as tax. and that is what it is. it is a tax on the people and in
addition to pay all of this money in advertising, where does it come off that taxpayer money and your money and my money has to goto advertise a government program. this is not private ndustry. they are not doing it for a profit. they want to sell something that is a proactive and irerational and illegal really meod of the government coercing people to follow. >> wayne, very good, wayne. juan, we are burying the leagu stay out of the my football sunday and lasthing i want is an adfor obamaare in half-time of a giant's game. >> i don't know why it boths you. you have commeials for everything else coming out of the football game. this is for the good of the people and help all americans especially with the health care costs are so punitive and driving so many people, especially those who suffer from
catastrophic medical evens. if you are concerned about the nation's finance and budget deficit d making sure middle-class people can stay on the path of profit and make money in this country, you want to deal wi a health care crisis. big business and fortune 5 complain about it. >> let me get keiowa sha in here. young people say it is cheap tore pay the fine and i will stayff obama care. if that happens, the system collapses. >> right, the older people and people with more alth issues will bear the costs and the fact that the governmt does have to t so much money in eorsing and encouring young people to sign up for the obama care is a sign that it is flawed and there needs to be some type of a revision. >> johnathon, we'll put the poll up. percent say that yes, obama care will increase my medical
costs going forward. that is not good. >> and those are t same people who want claims and all of the benefits of obama care. the fact that they are advertising eric is a red herring and implies thatt there is a choice. you advertise for goods and services and accepting or not accepting. there is no choice and either cept it or pay a fine. and you are forced either way. and we talk about obama care will lower cost and improve services. when is central planning and government force done. that the result is lower health care for everyone. >> keisha, say young people don't goon the system and opt to pay thefine. how in the world, how in the world is obama care goi to work. they will have to say listen in order to fance allf the people who are getting sick and out of work we will have to ta
you more. >> you have to persuade young people. they think they are immortal and they don't think they will get squished in a motorcycle accident. >> why should they finance older people? >> hold on eric >> what do you moan, they are not financing anything. >> sure theyare. juan, young people. >> eric hold on, hold on. what they are asking us to do eric is indemnify them soo when they get hurt and they go to the emergency rom you and i as taxpayers pick it up. network not a fair thing to say, juan. young people put more mey in and less out. >> they don't have insurance they are not putting anything in the system. >> fine, go a head, wayne? >> what i was saying before. you are asking healthy people and coercing healthy people to subsiddize unhlthy people. >> no, you are not.
>> you are not coercing anybody, wayne. wayne, >> excuse me. that is not the job othe federal government. it is an outrageous thing am forceed to do something that i didn't sign up for. >> hold on. >> let me just say to wayne. no one is coercing anybody to do anything. be a responsible american citizen and don't expect me to pay for you. >> juan that is bla at that point's untrue. >> you have to educate the young people to look at the bigge picture. you are right they don't think i will not be healthy rever. they think they are immortal. and what we need to do is educate the young people instead of shoving it down their truths. >> not only young peop. but california is spending upwards of th million in grants so that teams can teach ople about obama care it is crazy talk and nonsense.
coming up, foured but not fried. businesses showing paula deen the door over the controversial comments and her cookbooks sales are sizzling. proof she is not cooked after all. >> if there is anyone out there, that has never said something they wished they could take back fyou are out there, please pickp that and top
stories coming up in 20 minutes or so. stay with us. i beg you, and my children, and my team, and my fans and partners, i beg for your forgiveness. >> businesses is not forgiving paula deen, but the fans are and slew of big- name companies sever ties and ses of cook bock propelled to number one and customers crowd nothing the restaurant in atlanta. >> keisha, publicity. there is no bad publicity. is this a case of that. >> i agree. i do think that. and although we all knowhat paula messed up. but her book sales soarred and people are buying books and her fans are going to be a fan and i am true believer depending on how imptant you are to the public and popular and bad publicity. it may bring bad attention to you and eventually the soke will clear and you will have the
fans. >>wayne, i am a christian and forgiving man and i forgive paula en for making a racist remark but i am okay with coanies severing ties, am i wrong? >> it is not that simple, eric. i think there is something in th psyche that we as a public love redemption. the idea of somebody fallen and redeemed is something that is in ou psyche. a guy goes along and never makes a mistake, you don't think anything about it. but you think about the people who have fallen. comes to mind. bi clinton and anthony weiner and ray louis, the football play and kobe bryant. they he had a setback or failure and when tey come back, wow. it is not just question of the celebrity, it is a question in us. there is somebody about us that
wants to love a redomed person and the guy who s sinned and redeemed. >> juan where do you stand on this one. >> elvis presley and michael jackson record sales soarred after they died. if you get something that is controversl including death is good for u. all of the sudden they are paying attention. it is short- term econic thinking. yes, you will get a bump in the short run in terms of bock sales but the long- term befit of associated with target and caesar. she is paying a price. advertisers unrstand what she did was so offensive and so damaging to their brands it is not in their interestto stand by her. she might get a short- term bump but will not last. >> a lot of those. bad publicity is bad. and to paraphrase warren buffet it takes 20 years to build a reputation and five minutes to
destroy it. and a lot of people can cook good grits and can pie butot a long- lasting reputation that paula deen a 20 million ayear operation. wayne to your point. eddy murphy and bill clinton came back with success. and paula could do it to be honester crimes were not a physical force. we forgive tim allen for selling cocainbutot ike turner what he did with tina. >> will the businses say. paula deen solid a lot of our products in walmart and target sxet home depo. will they reconsider. anybody tnk they will reconsider. >> once the smoke clears ain, compies will sayou know, the public forgot about it and she's doing well and let's go back. and they are right now thinking about their images, not so much what she did was wrong and shame on you, paul a. we have to ma sureur businesses lookgood.
>> juan, does paula n't. juan, does she deserve a second chance if she has true contrition? >> oh, yeah, i am a christian and i believe in forgiveness big time. in my life i ask for forgiveness. i would say yes. we are talking business here and were talking about doing something that was really in this er of diversity in america. we don't want affirmative action. this is to say we are not going back ward when she is talking about plantation ethices in restaunt. we like the bck guys dressed up as serve ans. >> go a head, way last thought. >> we have a great example. maha stewart. sh went to jail for goodness sake and comes back stng.
we forgive and i doesn't hurt economically over the long run. we love redemption better than somebody straight all of their lives. >> coming up, irs policing everything you do. now we are learning that agents were buying porn, wine and popcorn makers and more with your money and the contractors doing this? . >> you broke the trust of this great nation and iraq and afghanistan veterans are waiting an average of 237 days for an initial disability rating and people like you gaming the system are adding to that back long so young men and wome@í0t
50 shades of disgraced. irs going from disgraceedo naughty with the taxpayer money. they paid for wine, porn and popcorn machines in a in a two year riod. and johnathon the hits are coming. >> how long do you think that of the last at j. p. morgan. >> forever? >> it wouldn't last in the private sector, but when government wastes money it impacts us all and they have incentive to waste ney because if they don't spend it this year they will not get it the next. the irsas 100,000 employees
and the budget is bigger than johnsoand johnson's profits. if we had a flat tax we could run the orgization with a 10th of astaff and cut the waste for the taxpayer whos paying for it all. >> wayne, wine, and dinners and pornography and romance novels and doit pills, all of what they put on our company credit card. >> i think they should pend it all. i am all for this. you know, the fact of the matter is, eric, to issue a credit card to a government employee in the first place, that is the outrageous part. why should he have a edit card. what does he need a credit card for? there is a budget and on the government payroll. we are paying him andhe taxpayers and he works forus. why would we issue him a credit card in the first place. that is outrageous. he can spend it on hookers if he nts to, but iuing the credit
card in the first place is the problem. >> quiet honestly wayne and johnathon are saying the same thing. >> no, we are not. >> it is crazy what they are spending money on. >> why employees are ised credit cards. we were resnsible for making our own travel arrangements and away from work business. you purchase yo meals and hotels thas to be work related. how stupid of those people to buy wine and pornography and popcorn machine when they know e statements are begin to the super visor. >> with a fox credit card you are not buying wine and pornography are u? >> no, why would wayne say that. all corrations give their employees credit cards for travel as keisha said. >> we, we, that i a private business and run for profit not the federal government. >> hey wayne, they are doing
business for the american people. >> oh no they are not. they are spending my ney. they are not making a profit. >> when johnathon started out. i thought he was making fun of the wall street guys. are you kidding? they don't only love pornography and popcorn but in drugs, too. >> and any of them -- >> it is a slur. >> i am telling you my inpregzs. if i slufred -- slurred anybody i am 0. you have excess and wrongdoing, no question about that. but do you think it is different than you would find ny other sector? >> i know you all want to jump down juan's throat. it is all taxpayer money.
those people in kansas are kissing their wife good bye and these boedzos are buying porn with our money. >> you can't tell me they are different than the rest of america. >> i know it is what we mix wine and porn and juan williams and irs in one she. thank you to juan and keisha for joining us this week. >> coming up. johnathon on fire with this stock and fine out what it is
>> all rightime for what i need to know next week. wayne? >> well, in this kind of market you can get bush whacked. you need something steady and proveen and i like telephone at&t. >> johnathon buy this pick gold prices are going downnd boy, is it a winner what is next? >> eric biggest advantage in the market is trading with a trend. positions our cloints for highest interest rate. treasury have had the fastest rise and mortgage rates fastest rates. it goes up. >> very good. >> that's it for cashin' in. what a woke it has been. boston trorism and gay language and illegal becomes legals and president obama is
off spenting 100 million of our tax dollars touring africa just another selfish politician cash in on . >> tom: it was a busy week is fohe supreme court. first, an issue that will impact your pocketbook. obamaare. oy republican presidential candidate said she knew how to dismantle will it. now she is leaving congress. we're goi to be talking to michele bachmann right here. >> tom: thanks for joining us. here at the top of th stack, all the republican presidential hopefuls rosed to get rid of amacare but only one said she kne